Market Data Forecast

Concentrated Juice Market to Reach 94.79 Billion by 2021, Says Market Data Forecast Inc.

The Global Concentrated Juice market size was around USD 70.5 billion in 2016. It is expected to grow at a CAGR of 6.1% to reach USD 94.79 billion by 2021.

 

Hyderabad, India -- (SBWIRE) -- 02/19/2018 -- Concentrated juice defines the extra water from the culmination is extracted, yielding a product 3 – 7 times extra focused than the preliminary juice. It's far a form of fruit and vegetable factor that is used for production beverages, and in a bakery, confectioneries, dairy merchandise, and soups and sauces. The maximum popular use is to freeze and then keep the fruit juice compactly. Moreover, they can also be used as an opportunity for sugar and also as a herbal sweetener. Compressing after which freezing these juices offer more efficient packaging & transportation.

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The worldwide concentrated Juice market accounted for USD 70.5 billion in 2016. It is expected to expand at a CAGR of 6.1% to reach USD 94.79 billion by 2021.

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Distinct varieties of juice concentrates have prepared the usage of the approach of awareness via a discount in the water content material. Those are an extra condensed and concentrated shape of juices for each fruit and vegetable. The marketplace has shown a constant boom that can be because of the rising reputation of alcoholic and non-alcoholic fruit drink products, yoghurt, ice cream, child meals and so forth. Moreover, the influx of new low-calorie food and beverage products at the side of the rise in fitness attention and consciousness amongst customers specifically inside the developing economies. The fitness blessings of concentrated juice are preventing numerous types of cancer, lowers awful LDL cholesterol level, detoxify your body, prevent kidney stones, gives better skin, boosts your immune system.

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Asia-Pacific has excessive growth ability for juice concentrates. This vicinity has many rising international locations, consisting of China and India with large cultivable land to grow plants.

Furthermore, the United State faces technological growth in agriculture and urbanization which has led to the higher requirements of dwelling amongst purchasers, ensuring inside the rise of comfort food & beverage products. Moreover, China is one of the important exporters of juice concentrates in Asia-Pacific and the upward thrust in the consumption of healthful beverages has brought about the increase of the juice concentrates marketplace inside the United States.

The major share holders of the market include Ingredion Incorporated, SkyPeople Fruit Juice Inc., Archer Daniels Midland Co., Dohler Company, Diana Food, AGRANA Group, SVZ International B.V., Sunopta Inc., The Ciatti Company, and Kanegrade Limited.

Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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